$40M Refinancing of Existing New York Skilled Nursing Facility and Cross Collateralization of a Newly Purchased Hospital
October 01, 2018
$40 million refinancing of existing 400-bed skilled nursing facility in New York together with cross collateralization of a newly purchased hospital to be converted to a skilled nursing facility, which included HIV beds. As a New York financing, this included mortgage assignments by prior lender and consolidation (CEMA) with gap note by new lender.